MarketFriction

Gujarat Energy Ltd

NSE GUJENERGY · BSE 539336 · LPG/CNG/PNG/LNG Supplier
₹230.07 -3.16%
NSE close2026-10-01
52 week range229.40 - 443.75
Market cap₹22,199 Cr.
P/E11.4
Results 05-11 Price band 20% Delivery 59.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,8453,9294,1344,4503,7824,1534,1025,8513,7803,6585,7929,545
Expenses3,3493,5283,5433,9153,2683,7723,6525,0143,3333,2115,1838,164
Operating Profit4974015915365143804508374474476091,381
OPM %13%10%14%12%14%9%11%14%12%12%11%14%
Other Income28248839405875170725634220
Interest877889758894663
Depreciation118120121123130129129220134135224201
Profit before tax3992975514444173003897283773593741,337
Tax %26%26%25%26%26%26%26%25%26%26%59%25%
Net Profit2962214103313092212885472802671521,007
EPS in Rs4.303.215.964.804.483.214.188.554.063.885.1010.65
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6,1065,0936,1747,75410,3009,86616,45616,75915,69027,61523,61422,776
Expenses5,3674,3315,2616,7588,6527,76114,35414,33813,78724,10320,52719,892
Operating Profit7397629139971,6492,1052,1032,4221,9043,5113,0872,884
OPM %12%15%15%13%16%21%13%14%12%13%13%13%
Other Income12182995827079101161410531382
Interest250218206208205134826754323278125
Depreciation245257272288318344385428474864899694
Profit before tax2563054645961,2081,6981,7152,0281,5372,7352,4412,447
Tax %26%28%37%30%1%25%25%25%26%-46%31%
Net Profit1902212924181,1991,2701,2871,5281,1443,9791,6781,706
EPS in Rs2.763.204.256.0817.4118.4518.7022.2016.6159.7729.3323.69
Dividend Payout %18%19%19%16%7%11%11%30%34%4%14%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth14%19%12%27%
Compounded Profit Growth26%11%12%39%
Stock Price CAGR9%-15%-14%-37%
Return on Equity22%20%19%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1381381381381381381381381381386363
Reserves1,8721,3861,5261,7292,0683,1804,3405,4926,8907,58523,37518,251
Borrowings3,2262,3572,3592,3282,2132,0559836291521503,1513,243
Other Liabilities1,6792,1892,3532,4672,7392,5533,0793,3293,7473,8196,3855,985
Total Liabilities6,9156,0696,3756,6627,1587,9258,5399,58710,92711,69232,97427,543
Fixed Assets4,4874,6734,9035,0945,2905,5856,0406,6317,3387,76317,21813,637
CWIP3574685064784895697319929839181,211850
Investments1,118144924142434852631682,3171,010
Other Assets9537848751,0491,3371,7281,7191,9122,5442,84212,22812,046
Total Assets6,9156,0696,3756,6627,1587,9258,5399,58710,92711,69232,97427,543
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1,0946377017859641,4201,6591,6622,3751,6343,3702,721
Cash from Investing Activity-365375-458-430-612-466-614-1,294-1,039-879-3,840-2,138
Cash from Financing Activity-563-1,224-251-273-349-502-1,318-628-678-514-892-417
Net Cash Flow166-212-9823451-273-260658241-1,362166
Free Cash Flow741792203304348249032951,2897972,4271,768
CFO/OP112%94%98%97%97%103%99%100%117%103%109%99%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days151825232418292122242827
Inventory Days23444231422
Days Payable211930232116232532
Cash Conversion Cycle-42-147482122241817
Working Capital Days-81-85-67-55-45-38-48-25-33-351953
ROCE %12%13%17%19%29%34%31%31%20%18%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters60.89%60.89%60.89%60.89%60.89%60.89%60.89%60.89%60.89%60.89%60.89%38.94%
FIIs3.80%3.34%3.72%4.31%4.51%4.53%3.97%3.86%3.70%3.82%3.98%10.85%
DIIs13.09%13.98%15.04%14.75%14.38%14.21%14.81%15.00%14.97%15.06%14.76%24.18%
Government7.01%7.01%7.01%7.01%7.01%7.01%7.01%7.01%7.01%7.01%7.01%7.29%
Public15.20%14.78%13.32%13.04%13.20%13.35%13.33%13.25%13.41%13.23%13.35%18.73%
No. of Shareholders2,11,3782,13,4321,78,6641,74,5491,72,0261,78,0671,80,1781,71,4661,69,5701,66,4501,73,9193,27,344

Fundamentals

Market Cap₹ 22,199 Cr.
Current Price₹ 237
Stock P/E11.4
Book Value₹ 266
ROCE11.7 %
ROE10.2 %
Dividend Yield3.76 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)39%
Consolidated figures.
Valuation
Market capRs 21,586 Cr
Enterprise valueRs 23,515 Cr
P/E (TTM)11.38x
Price to book1.18x
Price to sales0.95x
EV / EBITDA7.20x
EV / EBIT9.14x
EV / sales1.03x
Price to cash flow7.93x
Earnings yield8.79%
Dividend yield1.30%
P/E, 3-year average11.78x
P/B, 3-year average1.72x
P/E, 5-year average15.33x
P/B, 5-year average2.88x
Profitability
Operating margin (excl. other income)13.07%
Operating margin (incl. other income)15.32%
EBITDA margin14.34%
Pre-tax margin10.74%
Net profit margin8.33%
Net margin, latest quarter10.47%
ROE9.67%
ROCE11.29%
ROA6.67%
ROE, 3-year average17.20%
ROCE, 3-year average16.72%
ROA, 3-year average11.74%
ROE, 5-year average20.24%
ROCE, 5-year average22.40%
ROA, 5-year average12.86%
ROIC (approx.)8.73%
Tax rate31.27%
Other income / net worth2.90%
Growth
Sales growth (latest year)-14.49%
Profit growth (latest year)-50.93%
Sales CAGR, 3 years12.11%
Sales CAGR, 5 years19.07%
Profit CAGR, 3 years9.72%
Profit CAGR, 5 years9.71%
Sales growth QoQ64.80%
Profit growth QoQ184.49%
Sales growth YoY (latest quarter)63.12%
Profit growth YoY (latest quarter)69.80%
Per share
EPS (TTM)Rs 20.22
EPS (latest year)Rs 63.99
EPS (latest quarter)Rs 10.65
EPS, 3-year averageRs 70.34
EPS, 5-year averageRs 50.38
Book value per shareRs 195.20
Sales per shareRs 242.75
Cash flow per shareRs 29.00
Free cash flow per shareRs 18.84
Dividend per share (latest year)Rs 8.86
Dividend per share, 3-year averageRs 6.77
Dividend per share, 5-year averageRs 5.79
Dividends
Dividend payout13.85%
Dividend payout, 3-year average17.45%
Dividend payout, 5-year average18.60%
Efficiency
Asset turnover0.86x
Fixed asset turnover1.73x
Inventory turnover17.59x
Inventory days21 days
Debtor days27 days
Debtors turnover13.48x
Creditor days32 days
Cash conversion cycle17 days
Working capital days53 days
Leverage
Total debtRs 3,243 Cr
Cash and bankRs 1,314 Cr
Net debtRs 1,929 Cr
Debt to equity0.18x
Net debt / EBITDA0.59x
Interest coverage20.50x
Current ratio (filing 2026-03-31)1.86x
Quick ratio (filing 2026-03-31)1.66x
Trade payables (filing 2026-03-31)Rs 1,654 Cr
Owners' fund to total sources66.49%
Debt to assets11.78%
Cash flow
Cash from Operating Activity (latest year)Rs 2,721 Cr
Cash from Investing Activity (latest year)Rs -2,138 Cr
Cash from Financing Activity (latest year)Rs -417 Cr
Net Cash Flow (latest year)Rs 166 Cr
Free cash flow (latest year)Rs 1,768 Cr
FCFE (approx.: FCF + change in debt)Rs 1,860 Cr
Cash from ops / profit, 5 years1.22x
Sales to cash flow8.68x
Statement figures
Net sales (TTM)Rs 22,776 Cr
Net sales (latest year)Rs 23,614 Cr
Sales (latest quarter)Rs 9,545 Cr
Operating profit excl. other income (latest year)Rs 3,087 Cr
Operating profit (latest quarter)Rs 1,381 Cr
Other income (TTM)Rs 382 Cr
EBITDA (TTM)Rs 3,266 Cr
PBDT (TTM)Rs 3,140 Cr
Profit before tax (TTM)Rs 2,447 Cr
Tax (latest year)Rs 763 Cr
Net profit (TTM)Rs 1,897 Cr
Net profit (latest year)Rs 2,019 Cr
Net profit (latest quarter)Rs 999 Cr
Depreciation (TTM)Rs 694 Cr
Depreciation (latest quarter)Rs 201 Cr
Interest (TTM)Rs 125 Cr
Cost of goods sold (latest year)Rs 19,733 Cr
Total expenditure (latest year)Rs 20,527 Cr
Total income (latest year)Rs 24,145 Cr
Share capitalRs 63 Cr
ReservesRs 18,251 Cr
Shareholders' fundsRs 18,314 Cr
Total assetsRs 27,543 Cr
Net blockRs 13,637 Cr
Capital work in progressRs 850 Cr
InvestmentsRs 1,010 Cr
ReceivablesRs 1,752 Cr
InventoryRs 1,122 Cr
Other liabilitiesRs 5,985 Cr
Shares outstanding (crore)93.82
Ownership
Promoter holding38.94% (-21.95 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 11.4 is the lowest in its own 9.4-year history (median 38.6, low 11.4, high 77.6).
P/B 1.18 is the lowest in 9.4 years (median 7.79).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodGUJENERGYNifty 50Difference
1 week-2.4%-2.8% +0.4 pts
1 month-9.5%-6.8% -2.7 pts
3 months-22.8%-7.6% -15.2 pts
6 months-25.1%+0.4% -25.5 pts
1 year-46.7%-9.9% -36.8 pts
2 years-62.7%-13.6% -49.2 pts
3 years-45.6%+14.2% -59.8 pts
5 years-62.5%+27.9% -90.4 pts
76 mutual fund schemes hold about ₹3,286 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Energy Opportunities Fund5.59%466
Mirae Asset Large & Midcap Fund0.68%310
ICICI Pru Multi Asset Allocation Fund0.32%277
Mirae Asset ELSS Tax Saver Fund0.80%212
ICICI Pru Value Fund0.34%203
ICICI Pru Infrastructure Fund2.33%200
Nippon India Growth Mid Cap Fund0.36%191
Mirae Asset Midcap Fund0.85%177
ICICI Pru Large & Mid Cap Fund0.48%161
ICICI Pru Energy Opportunities Fund1.39%115
SBI ELSS Tax Saver Fund0.28%89
SBI PSU Fund1.29%87
ICICI Pru Small Cap Fund0.74%73
SBI Large & Midcap Fund0.17%72
ICICI Pru Small Cap Fund0.74%71
DSP ELSS Tax Saver Fund0.41%69
Kotak Balanced Advantage Fund0.38%67
Mirae Asset Aggressive Hybrid Fund0.49%47
Mirae Asset Multicap Fund0.66%37
Sundaram Small Cap Fund0.72%30
HDFC Retirement Fund-Equity Plan0.41%29
DSP India T.I.G.E.R Fund0.43%28
UTI Infrastructure Fund1.11%24
HDFC Large & Mid Cap Fund0.08%23
HSBC ELSS Tax saver Fund0.50%21

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2023-11-29Mohammedrafik Lakdawala-sell500Rs 0.02 CrMarket Sale
2023-11-28Mohammedrafik Lakdawala-sell1,000Rs 0.04 CrMarket Sale
2023-11-23Mohammedrafik Lakdawala-sell1,000Rs 0.04 CrMarket Sale
2023-11-22Mohammedrafik Lakdawala-sell1,000Rs 0.04 CrMarket Sale
2022-11-21Tanvi Nilesh PandyaImmediate relativeother10,000Rs 0.49 CrOff Market
2022-11-21Nilesh PandyaEmployees/Designated Employeother10,000Rs 0.49 CrOff Market
2021-09-15Devendra AgarwalEmployees/Designated Employesell5,000Rs 0.34 CrMarket Sale
2018-03-28GUJARAT STATE PETRONET LIMITEDPromotersother39,106,328Rs 3256.69 CrInter-se-Transfer
2018-03-28GUJARAT STATE PETROLEUM CORPORATIOPromotersother39,106,328Rs 3256.69 CrInter-se-Transfer
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹9,545 Cr +63.1% vs Jun 2025. Net profit ₹1,007 Cr +84.1%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-11Dividend - Rs 8.90 Per Share
2026-07-02Demerger
2025-09-04Dividend - Rs 5.82 Per Share
2024-09-09Dividend - Rs 5.66 Per Share
2023-09-11Dividend - Rs 6.65 Per Share
2022-08-19Dividend - Rs 2 Per Share
2021-09-08 Dividend - Rs 2 Per Share
2020-09-09 Dividend - Rs 1.25 Per Share
2019-09-12 Annual General Meeting/Dividend - Rs 1 Per Share
2019-01-15 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2018-09-18 Dividend Rs 4 Per Share
2017-09-20 Annual General Meeting/Dividend- Rs 3 Per Share
2016-09-21 Dividend - 2.50 Per Share
2015-12-17 Dividend-Rs 5 Per Share
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-29General UpdatesGeneral Updates - Update on Scheme of Arrangement - GSPL Transmission Limited has received Final Listing and Trading Approval from BSE and NSE.
2026-09-10AppointmentAppointment of Ms Dhirubhai Shah & Co. LLP (WR0141) as Statutory Auditors of the Company w.e.f. April 01, 2026 by C&AG.
2026-09-05Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-09-05General UpdatesGeneral Updates - General Guidance Note to the Shareholders on apportionment of cost of acquisition of Equity Shares of the Company and Resulting Comp...
2026-08-29CessationCessation of Mr Yogiraj Navathe as Other Senior Management Personnel of the company w.e.f. August 29, 2026 after office hours on account of his Supera...
2026-08-27General UpdatesGeneral Updates - Intimation for E-mail Communication sent to eligible shareholders of GSPC and GSPL informing about the distribution of sale proceeds...
2026-08-27UpdatesIntimation for date of payment of dividend, if declared by the Shareholders in ensuing Annual General Meeting scheduled on 29.09.2026
2026-08-27Record DateRecord date for the purpose of Dividend is 11-Sep-2026.
2026-08-27General UpdatesGeneral Updates - Intimation of date of 14th Annual General Meeting and its related Information
2026-08-20Credit RatingCredit Rating
2026-08-19General UpdatesGeneral Updates - Communication sent to Physical Shareholders for KYC Updation
2026-08-19General UpdatesGeneral Updates - Communication sent to the Shareholders of the Company on TDS on Dividend Income.
2026-08-17Concall / analyst meetTranscript
2026-08-13UpdatesIntimation for submission of application by the Company for Promoter Reclassification approval.
2026-08-13Concall / analyst meetSchedule of meet
2026-08-12Concall / analyst meetLink of Recording
2026-08-12General UpdatesGeneral Updates - Investor Presentation - Q1 FY 27
2026-08-11Credit RatingCredit Rating
2026-08-11UpdatesSubmission of Report of Audit Committee and Independent Directors of Gujarat Energy Limited - Fractional Entitlement pursuant to Scheme of Arrangement...
2026-08-11Board meeting outcomeOutcome of Board Meeting held on August 11, 2026.
2026-08-11AppointmentAppointment of Ms Kailash Sankhlecha & Associates as Other of the company w.e.f. April 01, 2026.
2026-08-11Board meeting outcomeGUJARAT ENERGY LIMITED has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-11General UpdatesGeneral Updates - Outcome of Board Meeting - Promoter Reclassification - Reg 31A of Listing Regulations
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2020-08-26NCLTGujarat Gas Ltd Vs
2020-07-27NCLTGujarat Gas Ltd Vs
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Gujarat Energy Ltd?

Gujarat Energy Ltd (GUJENERGY) has a market capitalisation of Rs 22,199 Cr. at the 2026-10-01 close.

What is the P/E ratio of Gujarat Energy Ltd?

Gujarat Energy Ltd trades at a P/E of 11.4 on trailing twelve-month profit, at the 2026-10-01 close.

What were Gujarat Energy Ltd's latest quarterly results?

In the Jun 2026 quarter, Gujarat Energy Ltd sales was Rs 9,545 Cr (+63.1% vs Jun 2025) and net profit was Rs 1,007 Cr.

What is the 52-week high and low of Gujarat Energy Ltd?

The 52-week high is Rs 443.75 and the 52-week low is Rs 229.40.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03